£140k
+100%vs Jan 2024Active - Proposal to Strike offNI688127Private limited companyBelfast
MAGNIFY TECHNOLOGIES UK, LTD
Significant control: Joshua Crossman (significant control)
Proposal to strike offThe registrar has published a notice proposing to remove this company from the register. Unless the cause is dealt with or an objection is upheld, it can be dissolved. Status as shown on the Companies House register at 31 August 2026; it may have changed since. Check the live record.
From public filings as at 31 Aug 2026; may contain errors or be out of date. Verify at Companies House · Terms
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What does Magnify Technologies UK, Ltd sell?
Registered activity: Wholesale of computers, computer peripheral equipment and software (SIC 46510). We’re building product and service lists for UK companies. Get this one when it’s ready.
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01
Summary
MAGNIFY TECHNOLOGIES UK, LTD is an active (proposal to strike off) private limited company (company number NI688127) incorporated on 12 May 2022, registered in Belfast. Its registered activity is wholesale of computers, computer peripheral equipment and software (SIC 46510). Latest small accounts cover the period ending 31 January 2025, showing net assets of £140k and cash of £60k, with 5 employees on average. Net assets rose 100% on the prior period (£70k).
Peer position · net assets
By net assets it sits in the top quarter of 2,130 comparable companies in the UK (median £1,278, upper quartile £36k).
02
Ownership and control
- Mr Joshua Crossman
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents. Directors and secretaries: see the officers list at Companies House.
03
Key dates
- Incorporated
- 12 May 20224 yrs ago
- Next accounts due
- 31 October 2026in 4 days
- Confirmation statement due
- 26 May 2027in 211 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
04
Activity
- SIC 46510
- Wholesale of computers, computer peripheral equipment and software
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
05
Financials
£60k
+73%vs Jan 2024Not reported
5
+25%vs Jan 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 January 2025 | £140k | £60k | — | £4,996 | — | — | 5 |
| 31 January 2024 | £70k | £35k | — | £17k | — | — | 4 |
Current ratio28.84Current assets ÷ creditors within one year
Cash per employee£12kCash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
06
Filing and accounts signals
- Net assets above zeroNet assets £140,264 at 31 January 2025
- Net assets up 10% or more on the prior period+99.7% vs prior period
- Current assets at least 1.5× creditors within one yearCurrent ratio 28.84
- Cash at bank of £50,000 or moreCash £59,622
- Incorporated two to five years agoIncorporated 12 May 2022
- Register status is not ActiveActive - Proposal to Strike off
Neutral facts read from the register and filed accounts, each with its evidence. They are not a rating, a prediction or advice, and may be incomplete or out of date. How each signal is derived.
07
Timeline
- Confirmation statement duein 211 days
- Next accounts duein 4 days
- Accounts period endNet assets £140k · small accounts
- Accounts period endNet assets £70k · small accounts
- Incorporated
08
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All companies incorporated on 12 May 2022 · in May 2022.
09
Reminders for MAGNIFY TECHNOLOGIES UK, LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.